Gas and Electricity prices riseApril 25th, 2019
Millions of customers have seen their gas and electricity prices rise by more than 10% on average from April.
Energy suppliers in the UK, including the big six; British Gas, Scottish Power, SSE, Eon, EDF and Npower, have all hiked prices for millions of customers on a standard variable tariff (SVT).
Why have prices risen?
The energy suppliers hit customers with rises in response to regulator Ofgem increasing the level of its price cap on standard and default energy tariffs. The price cap limits the amount suppliers can charge for each unit of gas and electricity, and sets a maximum daily standing charge for your connection to the grid which is reviewed twice a year.
Also to blame is the increase on higher wholesale energy costs caused by rising oil prices, as well as factors such as green energy schemes and higher demand during the ‘Beast from the East’ weather event last year.
What can you do?
We have recently increased our Energy Team at ADSI in anticipation that more and more businesses will look to switching this year and we are aware that competition in the market is tough.
Our gas and electricity bill check service is completely FREE, takes away the stress of supplier switching & cost management away from you. Just send your latest Gas and Electricity bills for review to our team at firstname.lastname@example.org or call 01268 495555 to speak to someone.
If your current tariff can be improved and costs can be made we will let you know your options. If you choose to change suppliers on our recommendation, we do all the paperwork and manage the switch for you.